Departure date still to be decided.
Kuben Naidoo, one of the deputy governors of South Africa’s central bank, has asked to resign from his position, President Cyril Ramaphosa’s spokesperson said on Monday.
“The South African Reserve Bank Deputy Governor Kuben Naidoo has expressed a desire to resign,” presidential spokesperson Vincent Magwenya told Reuters.The governor and deputy governors of the South African Reserve Bank are appointed by the president. Naidoo was first appointed deputy governor in 2015 and is a member of the Sarb’s Monetary Policy Committee.
He also served as the chief executive officer of the Prudential Authority, a body within the Sarb that regulates banks, until 2022.
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